2528 S Kedzie Ave

Chicago, IL 60623
  • $6,499,000

    Price
  • 0

    Bed
  • Bath
  • 22,017

    SqFt

About the Listing 24274 - 252330

PREMIER INVESTMENT OPPORTUNITY - Acquire this exceptional 22,017 square foot mixed-use commercial restaurant and entertainment venue. This property comprises 13 PINs and represents a unique investment opportunity as the largest Mexican restaurant in Illinois-a true cultural landmark in Chicago's Little Village neighborhood that has faithfully served the community for over 30 years, establishing deep roots and an exceptional reputation. 3 floor building with extensive renovations from 2020-2025. Freight elevator for operational efficiency. Full-service authentic Mexican restaurant. Banquet hall with capacity for large events. Full-service bar and lounge area. Largest patio in Little Village neighborhood @ 500 Seating Capacity (150 restaurant, 50 Bar, Extra Restaurant room 75, 300 Banquet Hall) Wheelchair accessible throughout. Commercial Kitchen & Storage: Walk-in coolers for food storage Blast freezers for preservation. Complete restaurant FF&E (Furniture, Fixtures & Equipment). Professional-grade commercial kitchen equipment . Two apartments on the second floor for additional income stream potential. 10 New HVAC units ensuring climate control throughout. Parking Lot #1: 48 spaces Parking Lot #2: 46 spaces Total Parking: 94 spaces. The property offers exceptional parking availability, rare for the Little Village area, providing significant competitive advantage for events and daily operations. BUSINESS OPERATIONS EVENT HOSTING CAPABILITIES: Private parties, community gatherings( City of Chicago official events, weddings, quinceanera, celebrations, Baptisms, religious celebrations, Chamber of Commerce meetings and corporate events). Authentic Mexican mariachi entertainment. Live music and band performances. Extensive beverage menu and traditional Mexican cuisine with Chicago culinary influences. Established customer base spanning multiple generations. Schedule your appointment to view this exceptional property!

Listing Highlights for 2528 S Kedzie Ave

Status Active
Days on Site 3
Property Type Business Opportunity
MLS ® 12451856
Year Built
Total Square Footage 22,017
Lot/Acreage 1.07

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 371 X 125
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 51-100 Spaces

Financial Details

  • Tax Amount: $121,017
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16262310330000
  • Tax Year: 2023

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2528 S Kedzie Ave Chicago, IL 60623

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Originating MLS: mred

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